No mention of the oil shale we have in large quanities?
As long as they can buy oil cheaper than we can produce it then there will be no drilling. When gas got so high a couple of winters ago you could see drilling going on all over south Texas. There have been a couple of start ups lately and I understand some in other states but for the most part those that work in the oil fields are mostly unemployed at this time. There is more untouched oil and gas here in Texas than could be used in the next several generations. I really think we would be better off paying a little more for OUR GAS than buying from foreign countries. That would put a heck of a lot of folks back on payrolls.
These quantities are oil shale. The oil in the Bakken field produceable by drilling is far less.